Real property tax; concerning validity of valuation of property, etc. (HB483)

Introduced By

Del. Sal Iaquinto (R-Virginia Beach)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Real property tax; collection of certain taxes.  Provides that the current authority to increase the assessment of real property taxes for three preceding tax years by increasing the amount of the valuation of the property applies only to errors related to (i) new construction or improvements to the property, (ii) a change in the use of the property, or (iii) fraud on the part of the taxpayer. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2012Committee
01/10/2012Prefiled and ordered printed; offered 01/11/12 12102722D
01/10/2012Referred to Committee on Finance
01/20/2012Assigned Finance sub: #1
01/21/2012Impact statement from TAX (HB483)
01/25/2012Subcommittee recommends reporting (8-Y 0-N)
01/30/2012Reported from Finance with amendments (20-Y 2-N) (see vote tally)
01/31/2012Read first time
02/01/2012Read second time
02/01/2012Committee amendments agreed to
02/01/2012Engrossed by House as amended HB483E
02/01/2012Printed as engrossed 12102722D-E
02/02/2012Read third time and passed House (90-Y 10-N)
02/02/2012VOTE: PASSAGE (90-Y 10-N) (see vote tally)
02/03/2012Constitutional reading dispensed
02/03/2012Referred to Committee on Finance
02/20/2012Impact statement from TAX (HB483E)
02/28/2012Failed to report (defeated) in Finance (7-Y 7-N 1-A) (see vote tally)
02/29/2012Reconsidered by Finance
02/29/2012Committee substitute printed 12105709D-S1
02/29/2012Continued to 2013 in Finance (11-Y 4-N) (see vote tally)

Map

This bill mentions Virginia Beach.

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 2 minutes.